Mercuria Capital Strategies
HOUSTON, TXfiles as Mercuria Capital Strategies, LLC
$163m in 23 US stocks at the end of 30 June 2026. The top 10 are 87.1% of the money. It changed about 69.6% of the portfolio this quarter.
Value
$163m
Stocks
23
Top 10 share
87.1%
Turnover
69.6%
What changed this quarter
New
Bought for the first time this quarter.
- SharonAI HoldingsSHAZ39.8% of the fund
- Freeport-McMoRanFCX7.5% of the fund
- Sterling InfrastructureSTRL2.6% of the fund
- Clearway EnergyCWEN0.8% of the fund
Added
Bought more of a stock they already held.
- Guardian Metal ResourcesGMTL0.6% of the fund+5%
Cut
Sold some of their stake.
None this quarter.
Sold out
Sold their entire stake.
- Teekay TankersTNK-100%
- LyondellBasell IndustriesLYB-100%
- Venture GlobalVG-100%
- Proshares TR IIVIXY-100%
- Global Partners LPGLP-100%
- Diana ShippingDSX-100%
- Bain CAP GSS InvtBCSS-WS-100%
- Alussa Energy AcquisitALUB-WS-100%
- Cantor Equity Partners III ICAEP-100%
- Silverbox Corp VSBXE-WS-100%
- Viking Acquisition Corp IVACI-WS-100%
- Churchill CAP Corp XICCXIW-100%
Holdings
- Bain Capital GSS InvestmentBCSS
- Share
- 9.7%
- Value
- $16m
- Shares
- 1,545,878
Held
- Paloma Acquisition Corp IPALOU
- Share
- 6.2%
- Value
- $10m
- Shares
- 1,000,000
Held
- Alussa Energy Acquisition Corp. IIALUB
- Share
- 6.2%
- Value
- $10m
- Shares
- 1,000,000
Held
- Drugs Made In America Acquisition IIDMII
- Share
- 4.6%
- Value
- $8m
- Shares
- 750,000
Held
- Agriculture & NAT SOL ACQ
- Share
- 3.5%
- Value
- $6m
- Shares
- 500,000
Held
- Inflection PT Acquisition
- Share
- 3.4%
- Value
- $6m
- Shares
- 535,000
Held
- GSR IV AcquisitionGSRF
- Share
- 3.1%
- Value
- $5m
- Shares
- 500,000
Held
- GigCapital8GIW
- Share
- 3.1%
- Value
- $5m
- Shares
- 500,000
Held
- Texas Ventures Acquisition IIITVA
- Share
- 2.2%
- Value
- $4m
- Shares
- 347,500
Held
- Berto AcquisitionTACO
- Share
- 1.7%
- Value
- $3m
- Shares
- 270,908
Held
- Pyrophyte Acquisition Corp. IIPAII
- Share
- 1.6%
- Value
- $3m
- Shares
- 250,000
Held
- SilverBox Corp VSBXE
- Share
- 1.5%
- Value
- $3m
- Shares
- 250,000
Held
- Cantor Equity Partners IVCEPF
- Share
- <0.1%
- Value
- $98,831
- Shares
- 9,503
Held
- Churchill Capital Corp IX
- Share
- <0.1%
- Value
- $95,418
- Shares
- 8,762
Held
- Drugs Made IN Amer ACQ IIDMIIR
- Share
- <0.1%
- Value
- $60,000
- Shares
- 750,000
Held
- GigCapital8GIWWR
- Share
- <0.1%
- Value
- $48,750
- Shares
- 187,500
Held
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| SharonAI HoldingsSHAZ | 39.8% | $65m | 767,333 | New |
| Bain Capital GSS InvestmentBCSS | 9.7% | $16m | 1,545,878 | Held |
| Freeport-McMoRanFCX | 7.5% | $12m | 194,370 | New |
| Paloma Acquisition Corp IPALOU | 6.2% | $10m | 1,000,000 | Held |
| Alussa Energy Acquisition Corp. IIALUB | 6.2% | $10m | 1,000,000 | Held |
| Drugs Made In America Acquisition IIDMII | 4.6% | $8m | 750,000 | Held |
| Agriculture & NAT SOL ACQ | 3.5% | $6m | 500,000 | Held |
| Inflection PT Acquisition | 3.4% | $6m | 535,000 | Held |
| GSR IV AcquisitionGSRF | 3.1% | $5m | 500,000 | Held |
| GigCapital8GIW | 3.1% | $5m | 500,000 | Held |
| Sterling InfrastructureSTRL | 2.6% | $4m | 5,127 | New |
| Texas Ventures Acquisition IIITVA | 2.2% | $4m | 347,500 | Held |
| Berto AcquisitionTACO | 1.7% | $3m | 270,908 | Held |
| Viking Acquisition Corp IVACI | 1.6% | $3m | 250,000 | Held |
| Pyrophyte Acquisition Corp. IIPAII | 1.6% | $3m | 250,000 | Held |
| SilverBox Corp VSBXE | 1.5% | $3m | 250,000 | Held |
| Clearway EnergyCWEN | 0.8% | $1m | 37,130 | New |
| Guardian Metal ResourcesGMTL | 0.6% | $952,455 | 67,984 | +5% |
| Cantor Equity Partners IVCEPF | <0.1% | $98,831 | 9,503 | Held |
| Churchill Capital Corp IX | <0.1% | $95,418 | 8,762 | Held |
| Drugs Made IN Amer ACQ IIDMIIR | <0.1% | $60,000 | 750,000 | Held |
| GigCapital8GIWWR | <0.1% | $48,750 | 187,500 | Held |
| Churchill Capital Corp XICCXI | <0.1% | $17,450 | 1,000 | Held |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is down 56.4% since 30 June 2025.
Where the money is
Technology39.8%
Financial services33.9%
Materials8.1%
Industrials2.6%
Media & telecom1.6%
Utilities0.8%
Other13.2%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.